[quote=carlsbadworker][quote=CA renter]Being a potential buyer right now must be extremely frustrating and maddening.[/quote]
That’s right. I am only kidding in the other thread that after flu bought now we can see price drop. I cannot imagine how we will ever see price drop in this market…because I am a potential buyer right now, I feel the market first hand. I made bids on 4 houses in the last 3 months at the listing price. Each time, I am either being outbid or beaten by a cash buyer. Good houses go pending within 4-5 days, sometimes within one day. You have to have a right strategy to win a house, and apparently I don’t.[/quote]
carlsbadworker… Trust me. I wish you WEREN’T kidding. Because there’s no chance of me upgrading in the near term it seems. What’s worse, it seems like mortgage interest rates are rising (at least the 15 year conforming is)… There was a time when I could have 2.875% and now it’s about 3.12% again… And we know why….Because I’m trying to lock again… Go figure 🙁